EU strengthens position against deep-sea mining
Just a few days ahead of the 2nd UN Ocean Conference taking place in Lisbon from June 27th to July 1st, the European Commission issued a communiqué that, among other…
Copper
JV Article: US Copper aims to develop Moonlight-Superior in California into a major new source of copper
Copper is pivotal to the global transition to a clean energy future. The red metal is an essential ingredient for the electric vehicles (EVs), energy storage systems, and renewable energy…
US allots US$74M to critical minerals mapping
The U.S. Department of the Interior has set aside more than US$74 million to invest across 30 states in research and mapping of areas with potential for critical minerals, as…
Global Copper Snapshot: Eight companies exploring for the red metal
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant…
Hudbay marks end of Flin Flon mining era with closure of 777 operations
Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the…
Chile copper workers begin nationwide strike over smelter closure
Chilean state-owned copper producer Codelco, the world’s largest, was hit on Wednesday by a nationwide strike against the miner’s decision to close permanently an allegedly polluting smelter in the country’s central…
Surge Copper boosts Ootsa resource in BC by 96%
B.C.-focused Surge Copper (TSXV: SURG; OTC: SRGXF) has provided its first resource update for its flagship Ootsa property, an advanced-stage exploration project located adjacent to Imperial Metals’ (TSX: III) Huckleberry…
Peruvian government to extend tax refund benefit to mining, oil exploration
During a presentation at the 2022 PDAC conference in Toronto, the Peruvian minister of economy and finance, Óscar Graham, announced that his government will extend to 2025 the tax refund…
JV Article: Golden Arrow Resources aims to advance its flagship San Pietro project in Chile
Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile. Golden Arrow is part of the Grosso Group of companies,…
Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half. Credit rating agency Moody’s Investors…
Glencore trading profit poised for best-ever year
Glencore (LON: GLEN) said on Friday that the first-half year profit from its commodities trading unit is on track to achieve its annual earnings target in the first six months…
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…